Buganda Kingdom through Mwanyi Terimba Ltd (MTL), a company owned by the kingdom, has started buying coffee from farmers. In a letter dated July05 to County Chiefs and their deputies, Joseph Kawuki, the Minister for Local Government in Buganda Kingdom, informs them that the company started buying coffee in June
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Former Rubaga North MP Moses Kasibante in his coffee farm Commercial farming isn’t for the faint hearted. It requires passion, determination and focus. Moses Kasibante, the former Rubaga North MP, is one of those that have immersed in the business venture that most of the so-called elite population see as
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BoU Deputy Governor, Dr. Michael Atingi-Ego The Bank of Uganda (BoU), the country’s Central Bank Tuesday afternoon announced an increase in the Central Bank Rate (CBR) by 1 basis points to 8.5 percent so as to stablise inflation around the [5%] target. The CBR is a benchmark lending rate for
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The Bank of Uganda (BoU) has informed the public that WorldRemit Money Transfer (U) Limited voluntarily ceased to carry on money remittance business in Uganda. “The public is notified that the closure of WorldRemit Money Transfer (U) Limited as a company will not affect WorldRemit money remittance product offered by several supervised financial
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L-R: State Minister for Agriculture, Fred Bwino, Robert Mwesigye-Technical Extension Manager at UCDA and UCDA MD, Dr. Emmanuel Iyamulemye inspecting the wet processing equipment The Ministry of Agriculture, Animal Industry and Fisheries through Uganda Coffee Development Authority (UCDA) has given Coffee Wet Processing Equipment (wet mills) to Arabica-coffee farmers across
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Nasser Mutesasira (Right), the brain behind Sipi Hills Coffee, tasting coffee inside his lab Organic farming, an environmentally friendly system of farming which uses pesticides and fertilizers of organic origin such as compost manure, is slowly picking up globally and, in the process, helping farmers to earn premium prices. Certified
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L-R: Musa Jallow - Absa Retail Director, Karim Kawesa - MD Bakaima Real Estate Agents & Philbert Kirama - Bakaima Real Estate Agents Board Chairman. In a bid to help more people realise their dream of land and home ownership, Absa Bank Uganda has introduced land purchase loans. These
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Raj Kumar Meena, the Bank of Baroda Managing Director Bank of Baroda (Uganda) Limited has informed its shareholders that it will pay the final dividend for the year ended December 31st 2020 following receipt of the necessary regulatory approval. It should be noted that in April 2020, Bank of Uganda
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A Ugandan farmer drying coffee beans. World coffee production is set to fall World coffee production for 2021/22 is forecast to be 167.5 million, down 8.5 million bags from the previous year, Uganda Coffee Development Authority (UCDA) has revealed in its monthly report for May 2022. Quoting United States
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John R. Musinguzi, the URA Commissioner General Uganda Revenue Authority (URA) needs only Shs2 trillion to attain the Shs24.4 trillion revenue collection target for the Financial Year 2021/22. The revelation was made by John R. Musinguzi, the URA Commissioner General in his keynote address at the Post Budget Conference
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